NEW YORK, May 22, 2026, 11:11 EDT
- LiveOne was last quoted up 4.5% at $6.753, extending a sharp weekly move.
- The stock’s latest rise came as the Nasdaq also traded higher and U.S. markets headed toward a Monday holiday closure.
- Recent company updates have centered on balance-sheet repair, PodcastOne cash proceeds and fiscal 2027 targets.
LiveOne Inc. shares rose again on Friday, putting the small-cap audio and entertainment company on track for a weekly gain of nearly 28% as investors continued to trade around its recent cash and restructuring updates.
The Nasdaq-listed stock was last quoted at $6.753, up 4.54%, after touching $6.86. It closed at $5.28 last Friday and has traded in heavy bursts this week, including a 17.8% jump on Monday and a 2.2% gain on Thursday, according to market data.
That matters because LiveOne is still a thinly traded name. Robinhood data put its market value near $91 million, with Friday volume around 37,000 shares, below its average volume. In stocks this small, a few orders can move the tape more than the broader index would suggest.
The backdrop helped. Wall Street’s main indexes rose on Friday, with the Nasdaq Composite up about 0.7% in morning trade, while investors looked toward a long Memorial Day weekend. Peter Cardillo, chief market economist at Spartan Capital Securities, told Reuters the continuation of U.S.-Iran peace talks remained a “supportive factor for investors.” Reuters
Nasdaq’s regular trading session runs from 9:30 a.m. to 4:00 p.m. Eastern time, so Friday was a normal equity trading day, even with the holiday break ahead. U.S. markets are shut on Monday for Memorial Day.
LiveOne’s own recent news has been more company-specific than macro. On Monday, the company said its Custom Personalization Solutions unit expected more than $3.5 million in annual revenue and more than $700,000 in annual cash flow after restructuring. Chief Executive Robert Ellin said CPS was positioned to operate “more efficiently” and that the company remained focused on “driving sustainable profitability.” GlobeNewswire
The prior week, LiveOne said its listed podcast subsidiary, PodcastOne, received about $5.5 million in cash from the exercise of warrants at $3 a share. Ellin said the added capital “meaningfully strengthens our balance sheet,” while the company said proceeds would support podcast acquisitions, TV network expansion, celebrity brands and AI projects. GlobeNewswire
LiveOne has also corrected its fiscal 2027 outlook, saying it expects revenue of $82 million to $90 million and adjusted EBITDA of $5 million to $10 million, excluding corporate overhead. Adjusted EBITDA is a non-standard profit measure that strips out interest, tax, depreciation, amortization and some other costs, and is not the same as net income.
The competitive context is uneven. LiveOne operates in music, livestreaming, podcasting and entertainment subscriptions, and its units include Slacker, PodcastOne, PPVOne and CPS. That puts it near the audio and creator-media trade, but not on the scale of larger consumer audio platforms such as Spotify or SiriusXM; for now, the stock is trading more on balance-sheet repair and deal optionality than on user scale.
But the move can cut both ways. LiveOne’s own caution language points to reliance on a large OEM customer, the need to attract and keep paid users, debt and covenant risks, possible difficulty completing deals, legal uncertainty and the risk that adjusted EBITDA may not translate into GAAP profitability. If the cash savings or M&A interest fail to show up in reported results, a lightly traded rally could unwind quickly.
